Home > Salary > Iraq > Mortgage Loan Specialist
A mortgage loan specialist is a professional who assists individuals in securing mortgage loans for purchasing or refinancing properties. They work closely with clients to understand their financial goals and guide them through the loan application process. Their responsibilities include collecting and verifying financial documents, evaluating creditworthiness, analyzing loan options, and advising clients on suitable mortgage products. Mortgage loan specialists also collaborate with lenders, underwriters, and other parties to ensure smooth loan processing and timely closing. They stay updated with industry regulations and market trends to provide accurate information and advice to clients. Strong communication and interpersonal skills are essential for building relationships with clients and providing exceptional customer service. Attention to detail, analytical thinking, and problem-solving abilities are crucial for assessing loan applications and identifying potential risks. Overall, mortgage loan specialists play a vital role in helping individuals achieve their homeownership dreams.
Estimated Yearly Salary: 6,609,414 IQD
Estimated Monthly Salary: 550,785 IQD
Estimated Weekly Salary: 127,104 IQD per week
Estimated Hourly Salary: 3,178 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 533,026 IQD
Estimated Weekly Salary: 123,006 IQD per week
Estimated Hourly Salary: 3,075 IQD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 4,470 USD
Estimated Monthly Salary: 373 USD
Estimated Weekly Salary: 86 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 6,609,414 IQD
Estimated Monthly Salary: 550,785 IQD
Estimated Weekly Salary: 127,104 IQD per week
Estimated Hourly Salary: 3,178 IQD per hour
By working as Mortgage Loan Specialist a person can save up to 133 USD per month or 1,590 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Mortgage Loan Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Loan Specialist salary in Iraq
Average Yearly Salary of Mortgage Loan Specialist in Iraq is approximately 6,609,414 IQD (4,470 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Mortgage Loan Specialist do?
A mortgage loan specialist is a professional who assists individuals in securing mortgage loans for purchasing or refinancing properties. They work closely with clients to understand their financial goals and guide them through the loan application process. Their responsibilities include collecting and verifying financial documents, evaluating creditworthiness, analyzing loan options, and advising clients on suitable mortgage products. Mortgage loan specialists also collaborate with lenders, underwriters, and other parties to ensure smooth loan processing and timely closing. They stay updated with industry regulations and market trends to provide accurate information and advice to clients. Strong communication and interpersonal skills are essential for building relationships with clients and providing exceptional customer service. Attention to detail, analytical thinking, and problem-solving abilities are crucial for assessing loan applications and identifying potential risks. Overall, mortgage loan specialists play a vital role in helping individuals achieve their homeownership dreams.
Skills: Mortgage loan specialist, Home financing expert, Loan application advisor, Mortgage consultant, Real estate finance specialist, Mortgage loan processor
Job industry: Finance
Job industry: Finance
How much does Mortgage Loan Specialist make?
Salary details
How much does Mortgage Loan Specialist make?Estimated Yearly Salary: 6,609,414 IQD
Estimated Monthly Salary: 550,785 IQD
Estimated Weekly Salary: 127,104 IQD per week
Estimated Hourly Salary: 3,178 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,396,312 IQDEstimated Monthly Salary: 533,026 IQD
Estimated Weekly Salary: 123,006 IQD per week
Estimated Hourly Salary: 3,075 IQD per hour
Last revision of data: 2024-01-08Mortgage Loan Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,470 USD
Estimated Monthly Salary: 373 USD
Estimated Weekly Salary: 86 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Specialist job salary compared to average salary in Iraq.
Comparison shows that a person working as Mortgage Loan Specialist in Iraq earns on average:
0.81 times the average salary (or 81% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Specialist job salary compared to average salary in Iraq.
Comparison shows that a person working as Mortgage Loan Specialist in Iraq earns on average:
0.81 times the average salary (or 81% of average salary).
Is Mortgage Loan Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Mortgage Loan Specialist?
High salary for Mortgage Loan Specialist would be somewhere between 7,270,355 IQD and 9,583,650 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Specialist in Iraq?
Living in Iraq the approximate monthly expenses are: 240 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 6,609,414 IQD
Estimated Monthly Salary: 550,785 IQD
Estimated Weekly Salary: 127,104 IQD per week
Estimated Hourly Salary: 3,178 IQD per hour
By working as Mortgage Loan Specialist a person can save up to 133 USD per month or 1,590 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Mortgage Loan Specialist
Iran is 5,888 USD
Jordan is 7,084 USD
Kuwait is 10,007 USD
Saudi Arabia is 20,469 USD
Syria is 2,740 USD
Turkey is 7,859 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Cafe manager (5,119,147 IQD per year, pre-tax.)
Multiskilled caregiver (3,388,783 IQD per year, pre-tax.)
Cinematographer (10,934,400 IQD per year, pre-tax.)
Registered polysomnographer (9,207,666 IQD per year, pre-tax.)
Country club director (14,327,613 IQD per year, pre-tax.)
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